There are recent rumors that Kioxia and SK Hynix will deepen cooperation. Kioxia CEO Hiroo Ota recently stated that this will be hampered by antitrust, and that it will be difficult to coordinate with Kioxia's manufacturing facilities in a joint venture with SanDisk, ruling out the possibility of deepening cooperation with SK Hynix. Kioxia promises to curb the sharp rise in the price of memory chips so as not to hurt long-term demand for artificial intelligence.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.